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how much value does a swimming pool add to a home in Florida?

  • June 25 2012 - Riverview
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Answers (9)

A pool most certainly adds value to a property if you don't believe me ask any USDA loan office. The quality, size, design, age, etc come into play for a proper answer. You have pools that can cost 50,000 or more to less than 20,000. An appraiser will place value to a pool when doing an appraisal but usually not as much as what the cost is to have the same pool built new. So when buying a home you actually are getting a discount on the pool being in place already than if you have to go out and have a pool built new of similar size and quality. So if you add a pool you will not likely get your cost back when you sell but it will add some value to your property but knowing how much is a variable.

Brian
  • June 18
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Profile picture for Nee Nee 3
As far as adding value goes, a pool will NOT add value to your home. However, it will make your home more appealing to those buyers who want a pool. Typically families with children feel a pool is a necessity. So if you are located in a "family" neighborhood, your home with a pool will sell faster than a home without a pool. May I add, not all buyers want a pool. Pools are expensive to maintain with more money in taxes, electric & chemicals as well as cleaning it out and repairs (which happen quite often). Keep in mind, while pools are nice and can be fun, your home it will not sell for more and in addition, does have it's downsides to buyers!
  • May 22
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In Notheast OH, an inground pool can be a big negative 
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should your Florida home ever pick up and move to Ohio you'll find that response to be very helpful.
  • July 30 2012
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When it comes to added value, pools are a funny thing. They range from basically a hole with water in it (no so much value at that end of the spectrum), to something in the tens of thousands of dollars. The value depends not only on the type and size of the pool, but what pools generally add in a given area.

I hope this helps.
  • July 30 2012
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In Hillsborough County they seem to range from about $10k to $16k...
  • July 29 2012
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Depends on the area. A pool in Marion County Ocala Fl is $7000-$15000.Only for the most extreme pool will you get higher value.
  • June 25 2012
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In Notheast OH, an inground pool can be a big negative, as our pool season is very short.  That said, we are closing on a home with an inground pool next week.  The home had a beautiful back yard, with a lawn beyond the pool where kids and adults can play.  So, there are exceptions.
  • June 25 2012
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Profile picture for Ofe Polack
Mike and Eve hit it right on spot!  There are too many variables for a precise response.  The best way to find out, is to contact a Realtor who can give you a CMA of your property, if you are listing or an educated opinion of your particular location.
  • June 25 2012
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depends upon the neighborhood, what price range of homes, and what type of community.. it could be $5K or it could be $50K.

Is this just a home in a subdivision with a community pool, or in an exclusive community?  Is this an elaborate pool with a spa or basic fiberglass pool? 

The question is too broad for a simple answer....and if you really plan to use the pool than the perceived value may be more.

Eve
  • June 25 2012
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